protocols VS lido-dao

Hey u/simple_yam here is a link to the details

🔔 Be Your Own Bank! 🔔

Point being: The information You've provided is incomplete. And there are several security-audits You can freely access, regarding the Loopring Smart Contracts (they are all available in the Loopring Protocols GitHub repository), which go into great detail of exactly the situation You describe. Please educate Yourself!

No tutorial videos. This loopring v3 design article on GitHub addresses it. The entire article is techie but helpful, scroll down to Withdrawal Mode to see more on this topic -> https://github.com/Loopring/protocols/blob/master/packages/loopring_v3/DESIGN.md

With regards to the loopring site, maybe I'm onto nothing here, but if you ended up on loopring.io you had to get there somehow... maybe you clicked into loopring.org and then loopring.io from there?

Here's the Loopring Github folder and associated README.md for their counterfactual NFTs: https://github.com/Loopring/protocols/tree/release_loopring_3.6.3/packages/counterfactual_nft

It's so easy. Go to loopring.org and launch the app.

Lido hace rebase con la fórmula a continuación:

Firstly, the APR displayed on https://lido.fi/ is a 7-day MA estimate. Secondly, 'protocol APR' is just the APR for the protocol, and not for users, so it's not taking into account the 10% fee.

Best to ask lido directly on their discord channel - link avail at the bottom of their main page https://lido.fi/

Lido contracts github: https://github.com/lidofinance/lido-dao/tree/master/contracts

One solution you do have is liquid staking. Polygon Labs has a great writeup on liquid staking here. MATIC liquid staking is still done on ETH, but you can swap your native MATIC tokens for stMATIC, which are bridged liquid-staked MATIC tokens through Lido Finance.

Lido also makes up for 77% of ALL staked ETH deposited through LSDs the highest it's been all year.

"Can periodically query the current share rate (as shareRate = lido.getTotalPooledEther() * 1e27 / lido.getTotalShares()) and if the number change more than a few WEIs (see https://github.com/lidofinance/lido-dao/issues/442), than calculate APR like presented https://docs.lido.fi/integrations/api/#last-lido-apr-for-steth would need to save the timepoints as well can query and remember the reported oracle frames https://github.com/lidofinance/lido-dao/blob/master/contracts/0.8.9/oracle/AccountingOracle.sol#L440 https://etherscan.io/address/0x852deD011285fe67063a08005c71a85690503Cee#readProxyContract#F19"

The official Ethereum staking APR is 4.639% (source : https://beaconcha.in/ethstore ) Lido's staking APR is 3.8% (source : https://lido.fi/ ) but they take a 10% fee on rewards when you withdraw, so the real Lido APR is in fact 3.8*0.9 = 3.42%

What made you certain that it is legit? Steps taken? Verify on lido.fi site, this sub, etc?

You can also swap to stETH direct from Lido at https://lido.fi/ at a price of 1:1.